Thai Construction Market Future Prospects Reviewed in New Timetric Report Published at MarketPublishers.com

>PRWEB.COM Newswire

London, UK (PRWEB) May 03, 2012

Supported by significant private and public investments in various construction projects, the Thai construction industry increased in value at a CAGR of 7.99% from 2007 to 2011 and is expected to grow further, driven by the Thai government’s ongoing focus on infrastructure development. A rising trend of foreign investment is attracting new construction companies, which is expected to result in increased competition in the Thai construction industry. The residential construction sector was the largest market in Thailand’s construction industry last year, and it is projected to post a CAGR of 3.58% from 2012 to 2016.